Pune is one of the many popular Indian cities in terms of business development and growth of Industries. Most of the city is occupied by the offices and facilities of multinational companies or MNCs, who provide ample job opportunities to the country’s youth and draw in a huge number of newcomers to the city. Simply due to this reason, rental properties in Pune have gained a unique importance among these employment seekers, and the demand will surely not ebb any time soon.
The search process
If you are looking for flats on rent in pune then your search should take you to specific areas of the city like Kalyani Nagar and Koregaon Park, because this is where you will find most of the rental properties. The rental rates for each of these properties have increased exponentially in the last few years, and will continue to rise. This increase in rent is creating issues for the general population who permanently live there. But you can find cheap and affordable flats for rent in the newly constructed locality of Wanowari. Just keep a budget in mind and start your search.
The price range
Because of the over saturation of the rental market by higher education students and people looking for or engaged in jobs, the landlords see it fit to increase the rent as per their own wish. This makes it extremely difficult for everyone to find the property that will fulfil their purposes and will be within their budget. The ever increasing number of home-seekers needs to spend all their savings for a mediocre Pune rental flat. If someone is looking for a flat in a high profile region like Koregaon Park, he or she can get a 1BHK or 2BHK flat in the range of Rs 11000 to Rs. 21000, which is actually quite cheap if you compare with Mumbai or New Delhi.
Pune is considered to be one of the most luxurious cities in India due to the ever increasing job prospects and already existing higher education options. You can quite easily settle down in Pune as the environment is also soothing and wonderful. It’s simply a great place to start a family and raise your kids in the best way possible. Hence, look for a property that will give financial comfort as well. Don’t miss out on an opportunity to live in this wonderful city with all the luxuries of a healthy lifestyle.2015-04-08